Monsanto CEO gets well-deserved $600 million bonus for last year

The Chairman and Chief Executive Officer of Monsanto, Hugh Grant, received a performance bonus of more than $600 millions for the 2015 fiscal year, announced the multinational agrochemical and agricultural biotechnology corporation this morning.

After being questioned on the subject by investors on Wednesday during Monsanto Second Quarter Fiscal Year 2016 Earnings Conference Call, the company Board of directors released the information this morning, announcing that it had granted Mr. Grant $603.45 million in annual bonus, including $574 million in restricted stock units.

Chief Financial Officer and Senior Vice President, Pierre Courduroux, justified the bonus by saying that despite the fact that the year was a bit disappointing in terms of sales and profits, the company had built some “very solid and concrete bases” for many future projects.

“Some of you might be alarmed by the plummeting profits, but we are extremely optimistic for the future,” Mr Courduroux told reporters. “In the last year, we were victims of ridiculous accusations concerning the Zika virus, but we expect some record profits over the next few years. We’ve made a lot of investments which should start paying up soon, and we’ve decided to reward Mr Grant for the important role that he played in generating these future profits. This guy is a genius, and $600 million is a very small price to pay for such a brilliant mind!”

According to Mr Courduroux, the false accusations made by some South American doctors, which had linked one of their products with the numerous cases of birth defects, are largely responsible for the fall in the company’s profits.

Monsanto announced on Wednesday, that its profit had fallen by 25% in the second quarter compared to the same period a year ago.

According to most experts, the company has suffered as farmers cut back on spending, squeezed by plummeting commodity prices. Its bottom line has also been pressured by the strong dollar and price cuts on products, spurred by competitors.

Despite these setbacks, the leader board of the corporation, which has a long history of working with agricultural producers to boost yields and come up with valuable innovations, seems confident to be able to bounce back over the next few months.

Perhaps he will have a short life due to the chemicals he as helped produce to “further mankind”.something like colon cancer or parkinson’s , or alzheimer’s..The money can’t buy him a longer life, and the chemicals can surely shorten it..good luck buddy!

This is totally ridiculous and an affront to humans in all nations and to our planet! Monsanto is poisoning the food chain and the planet, yet all they care about is money and the big bucks! Hugh Grant is not worth the money he has been, and will be paid for ‘doing a fantastic joy’! I’m sure all the underlings did the work and he revels in the glory. But what has Monsanto done to stop the poisoning of earth? NOTHING! And what about the babies both with any kind of birth defect, esp those that will need care and treatment their entire lives or those born terminally affected? Does Monsanto even care what their products are doing> NO!!! They just kick out ‘new and improved’ poisons to damage earth and all it’s inhabitants! These entire Monsanto products and incidents are cause to boycott everything even remotely related to Monsanto, and to have Monsanto be responsible for the care and treatment of humans with illnesses, diseases and birth defects, both financially and ethically/morally!

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